Comparing the three local banks has long been a hot topic among Singaporean investors. The majority of investors might assume that DBS will stand out. But is this actually the case? Due to the growing interest rates that increased net interest margins, all three banks announced exceptional profits for their Q2. Let’s examine the qualitative and quantitative characteristics for each of these banks in detail. Background of All Three Banks Beyond Singapore, the three banks do have activities and offices in numerous other countries. However, DBS and OCBC have much more exposure to the Chinese, Thai, and Indonesian banking markets. Hence, these would make them more susceptible to country-related risks. Quantitative of All Three Banks Let’s now take a deeper look into the quantitative aspects that affect the business.

1. Revenue Growth (Winner: DBS)

All three banks had strong year-over-year growth, primarily as a result of the rise in interest rates. DBS seems to be...